SEC Form 4 · accession 0001628280-17-000069
Essent Group Ltd. · ESNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Weinstock
Officer — VP & Chief Accounting Officer
Period of report
Jan 1, 2017
Accepted (ET)
Jan 4, 2017 · 9:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001448893
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares, par value $0.015F1 | Jan 1, 2017 | M | 4,558 | — | A | 73,428 | D | |
| Common shares, par value $0.015F2 | Jan 1, 2017 | F | 1,639 | $32.37 | D | 71,789 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted share unitsF1,F3 | — | Jan 1, 2017 | M | 4,000 | D | — | — | Common shares, par value $0.015 | 4,000 | 6,004 | D |
| Restricted share unitsF1,F4 | — | Jan 1, 2017 | M | 558 | D | — | — | Common shares, par value $0.015 | 558 | 5,446 | D |
Explanation of responses
- F1Restricted share units convert into common shares on a one-for-one basis.
- F2Represents shares delivered to issuer to satisfy tax withholding obligations upon the vesting of restricted share units.
- F3On November 5, 2013, the reporting person was granted 12,000 restricted share units, vesting in equal installments on each of January 1, 2015, 2016 and 2017.
- F4On February 14, 2014, the reporting person was granted 1,676 restricted share units, vesting in equal installments on each of January 1, 2015, 2016 and 2017.